FTSE 100 Gains As Consumer Confidence Improves

RTTNews | 970 дней спустя
FTSE 100 Gains As Consumer Confidence Improves

(RTTNews) - U.K. stocks were moving higher on Friday as a survey showed British consumer confidence rebounded in February to its highest level in almost a year.

Research group GfK said its index of consumer confidence, a closely watched measure of how people view their personal finances and the economic outlook, rose by seven points to -38. This is the highest reading since April 2022 for the index.

The benchmark FTSE 100 rose 24 points, or 0.3 percent, to 7,931 after declining 0.3 percent in the previous session on ex-dividend trades.

British Airways-owner IAG tumbled 3.3 percent as it announced deal for the remaining shares in Air Europa it did not already own.

Jupiter Fund Management soared 14 percent after recording positive net inflows in the last six months of 2022.

read more
European Stocks Close Mostly Higher

European Stocks Close Mostly Higher

European markets closed mostly higher on Tuesday, supported by gains in defense sector amid renewed concerns about tensions in the Middle East, and a lack of progress in Russia-Ukraine peace efforts. Slightly easing U.S.-China trade tensions, and expectations of a resolution to the government shutdown in the U.S. aided sentiment.
RTTNews | 10 минут назад
Bay Street May Open On Subdued Note; CPI Data In Focus

Bay Street May Open On Subdued Note; CPI Data In Focus

Slightly lower Canadian and U.S. futures, and weak bullion prices point to a negative start for the Canadian market on Tuesday. Investors will also be reacting to Canadian consumer price inflation data.
RTTNews | 6ч 1мин назад
FTSE 100 Climbs Higher; Segro, HSBC Holdings Post Strong Gains

FTSE 100 Climbs Higher; Segro, HSBC Holdings Post Strong Gains

The FTSE 100 index of the U.K. market is modestly higher on Tuesday with investors picking up stocks ahead of quarterly earnings announcements from big name companies, due from this week. Slightly easing U.S.-China trade tensions appear to be aiding sentiment a bit.
RTTNews | 6ч 28мин назад
CAC 40 Advances; Edenred Soars On Strong Earnings

CAC 40 Advances; Edenred Soars On Strong Earnings

French stocks are modestly higher on Tuesday amid slightly easing U.S.-China trade tensions, and expectations of a resolution to the government shutdown in the U.S. Investors are reacting to some corporate earnings updates
RTTNews | 6ч 55мин назад
UK Budget Deficit Overshoots Estimate

UK Budget Deficit Overshoots Estimate

The UK budget deficit surpassed the official estimate in the financial year to September, reaching the second highest level on record due to higher debt costs, data from the Office for National Statistics showed on Tuesday. In the first half of the year, public sector net borrowing rose by GBP 11.5 billion from the last year to GBP 99.8 billion.
RTTNews | 7ч 18мин назад
DAX Modestly Lower In Cautious Trade; Siemens Energy, BASF Drift Lower

DAX Modestly Lower In Cautious Trade; Siemens Energy, BASF Drift Lower

German stocks are somewhat subdued on Tuesday with investors looking for directional clues. With earnings updates set to pour in from this week, investors are currently following the developments on the trade front and tracking geopolitical news as well.
RTTNews | 7ч 38мин назад